Equinix, Inc., an
investment property and leader in the REIT - Specialty Industry, has been in spotlight lately concerning its seeminglty exorbitant value. Despite the heavily debated cost of its stock, many believe
Equinix is worth the investment, while others, including Hindenburg, reportedly target the firm through
short-selling strategies, accusing them of a calculated manipulation of metrics for executive gains. However, there's a notable appreciation of Equinix's shares proving investment growth. It has reported positive results with Q4
FFO and
Q3 FFO along with revenue surpassing estimates. Currently,
Equinix has partnered with
PGIM Real Estate in a $600M
Joint Venture for the construction of its first xScaleยฎ Data Center in the U.S, demonstrating its aggressive expansion. Also, the company has expanded its footprint in Malaysia with a new data center. Equinix's stock has risen by 10% YTD, and an 11.4% climb was witnessed in the last 6 months. Despite some accusations, many believe that Equinix has proven to be a strong REIT, with value justification and proof of consistent growth, even during the Coronavirus Pandemic. Considerable emphasis is placed on its potential for scalability and future growth, calling attention to
why Equinix might have been overlooked by most REIT investors despite a formidable 40% return.
Equinix Reit EQIX News Analytics from Fri, 05 Jun 2015 04:59:52 GMT to Mon, 06 May 2024 03:52:00 GMT -
Rating 8
- Innovation -2
- Information 7
- Rumor -6